Realmo Analytics

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Financial
Distress signals
Property profile

1407 W Chicago Ave Chicago, IL 60622

FOR SALE
Office Units
Property ID
US28-2255337
6,000 SF 0.07 ac lot Built 1899
Last sale Oct 2025 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
1407 W Chicago Ave, Chicago, IL 60622 For Sale
Contact for pricing 6,000 SF
1407 W Chicago Ave, Chicago, IL 60622
View Listing

Property summary

AI-generated overview

The property is configured as a small office and co-working environment with office workspace suitable for short-term occupancy, including on-site management. It is located near the corner of Chicago Avenue and Noble Street, with bus stops close to the entrance and the Chicago Blue Line station less than half a mile away. The surrounding area includes nearby retail and dining establishments, and the property is within about a mile of Bally Casino.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$53k
Tax billed · 2022
Assessed value$246k
Assessed land$15k
Assessed improvement$231k
Effective rate21.42%

Value estimate

· Oct 2026
$245k
$221k – $270k
Submarket $/SF estimate$690k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$268/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$117 – $423
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Nursing Home
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nursing Home8.9
Laundromat8.8
Assisted Living Facility8.5

Location

1407 W Chicago Ave Chicago, IL 60622
County assessor Recorded deeds · 15 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
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